French Energy Bill Delayed until Spring 2015

Posted by Eric Haun
Friday, June 06, 2014

The adoption of France's framework energy bill, meant to fulfil President Francois Hollande's pledge to cut the share of nuclear energy in the country's electricity mix to 50 percent, has been pushed back to early 2015.

"It will be reviewed by parliament in the autumn and adopted in the spring of 2015," an official at Prime Minister Manuel Valls's office told Reuters on Friday, without elaborating on the reasons.

Earlier in the day French radio Europe 1 cited an adviser to Hollande as saying that the government will be 10 billion euros ($13.6 billion) short of funding for the bill's proposals.

The new law was initially expected to come into force before the end of 2014.

Segolene Royal, Hollande's fourth energy minister since the beginning of his mandate in 2012, has said she would unveil on June 11 the broad objectives of the bill, which she wants to use as leverage to boost renewable energies and economic growth.

No one at her office was available to comment on the latest delay.

The bill has been delayed repeatedly since 2012. It is expected to spell out how France, the world's most nuclear-reliant nation, intends to cut nuclear energy to 50 percent from 75 percent of its electricity production by 2025.

Energy ministry officials told a parliamentary hearing this year that the gradual closure of about 20 nuclear reactors would be required to meet Hollande's 2025 target if electricity consumption remains stable.

This seemed to contradict the view of Henri Proglio, the head of state-owned utility EDF, who said he expected electricity demand to rise because of population growth and that no reactor closure is needed.

Measures to boost renewable energy capacity, which has grown more slowly in France than in neighbours such as Germany or Spain, are also expected to be included in the law.

($1 = 0.7345 Euros)

(Reporting by Julien Ponthus; Writing by Michel Rose; Editing by David Goodman)

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Energy

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

Areva-Siemens Raises Claim Over Finnish Reactor Delays

The French-German consortium Areva-Siemens , the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Finnish utility Teollisuuden Voima (TVO),

16 Die in Coal Mine Accident in China

Sixteen workers were killed after a coal mine collapsed in China's far western region of Xinjiang, the official Xinhua news agency reported on Saturday, highlighting

News

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

USCG to Ensure Safety During World Series

The Coast Guard and local agencies are working to ensure the safety of boaters and baseball fans during World Series games at AT&T Park this weekend. The

Areva-Siemens Raises Claim Over Finnish Reactor Delays

The French-German consortium Areva-Siemens , the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Finnish utility Teollisuuden Voima (TVO),

Government Update

Navy to Commission Submarine North Dakota

The Navy will commission its newest attack submarine North Dakota, during a ceremony Saturday, Oct. 25, 2014, at Submarine Base New London in Groton, Connecticut.

MARAD Seeks Comments on Proposed Policy for Deepwater Export Applications

The Maritime Administration (MARAD) is seeking comments on the agency’s proposed policy to accept, evaluate and process license applications for the construction

Oil Drillers Group to Fight U.S. Export Ban

More than a dozen U.S. oil producers have joined to lobby the federal government to reverse the 40-year-old ban on U.S. crude exports, a move that supporters hope

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Port Authority Salvage Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1031 sec (10 req/sec)